Coastal II Plan, Captains CoveGreenbackvilleVA23356
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Greenbackville at Coastal II Plan, Captains Cove, Greenbackville, VA, 23356 earns $974/mo cash flow from $3,694/mo rent with a $2,227/mo payment. Total monthly income totals $3,694/mo, and annual cash flow totals $11,689/yr on $150,829 capital. ROI tracks 27.66% on current figures, and rental yield reads 9.74% at a $454,990 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,705 over five years. Five-year ROI reaches 144.15% and total cumulative return in cash sums $217,416. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,694/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23356, Greenbackville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 695 (57.6%) |
| Renter Occupied HU | 83 ( 6.9%) |
| Vacant Housing Units | 428 (35.5%) |
| Median Home Value | $225,376 |
| Average Home Value | $286,986 |
Housing Distribution
Address Breakdown
Residential
1,093
Single Family
1,093
Multi-Family
0
Businesses
12
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Listed by: Stephanie • Gemcraft Homes
Mls Name: Gemcraft Homes
Mls Provider:
Mls ID: #N/A